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My wife's Social Security benefits are being stolen by her brother, and I have reported this to the Social Security Administration (SSA) but no action has been taken. I have Power of Attorney for my wife and have applied to become her Representative Payee, but I haven't received any response from SSA. What steps can I take to ensure my wife's benefits are protected and how can I expedite the process of becoming her Representative Payee?
October 8th, 2024
I have a multi-member LLC in New Jersey and need advice on how to purchase a car for business purposes. If I am not planning to qualify for Section 179, can I buy any car in my personal name and maintain a record of business use to depreciate over five years? Are there any guidelines for the price of the car?
April 16th, 2024
How do I know what my tax bracket is for my 2019 taxes, and how much can I decrease what I owe to the IRS by putting money into an IRA if my taxable income is $122,207.00 and I filed married jointly?
July 6th, 2024
I own a 62.5% share in an LLC with a business partner who owns the remaining 37.5%. How do we handle business and personal taxes on our respective shares of the company's profits?
May 19th, 2023
I use TaxAct to prepare my taxes and have a child care FSA for $5000, which is reported in box 10 of my W-2. However, it always gets added back to my wages, even though I have $15000 worth of qualifying expenses. Is this a mistake in TaxAct, and how can I correct it?
January 4th, 2023
As an LLC registered in ND and selling clothes online to all U.S. states, what taxes am I required to pay on a state and federal level, including sales tax, income tax, and self-employment tax?
November 11th, 2023